Chesapeake Utilities: 3Q Earnings Snapshot

Chesapeake Utilities: 3Q Earnings Snapshot

Associated Press
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DOVER, Del. (AP) _ Chesapeake Utilities Corp. (CPK) on Thursday reported third-quarter earnings of $5.5 million.

The Dover, Delaware-based company said it had profit of 34 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share.

The energy and utility company posted revenue of $140.3 million in the period.

Chesapeake Utilities shares have risen 5 percent since the beginning of the year. The stock has climbed 3 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CPK at https://www.zacks.com/ap/CPK

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